medishield life

[endlssorrow]

if i'm not wrong, class B2 and above, if the total bill is less than $2k, the person has to pay himself right?

 

[chopra]

2k or 3k. Cant rem.

This is called deductible.

Beyond that figure, there is co insurance.

 

[endlssorrow]

2k or 3k. Cant rem.

This is called deductible.

Beyond that figure, there is co insurance.

like that got this so-called auto 100% must buy got what use?
just to cover existing condition?

 

[chopra]

like that got this so-called auto 100% must buy got what use?
just to cover existing condition?

Dont get ur english

 

[endlssorrow]

Dont get ur english

mean now every1 must get and is auto-purchase right? CPF shield auto deduct the premium.

then must above like $2-$3k, then can claim. like say $2.5k, can claim $500 only.

if wan claim full then must buy integrated plan from private insurance company, some more must top up cash.

 

[chopra]

mean now every1 must get and is auto-purchase right? CPF shield auto deduct the premium.

then must above like $2-$3k, then can claim. like say $2.5k, can claim $500 only.

if wan claim full then must buy integrated plan from private insurance company, some more must top up cash.

For private, there are two riders. The basic one upgrade e ward class. That one is paid using cpf medisave.

The other one covers deductible n coinsurance. That one pay by cash (to avoid ppl abusing).

Sent from hoping for a slower paced singapore using GAGT

 

[whitesand]

mean now every1 must get and is auto-purchase right? CPF shield auto deduct the premium.

then must above like $2-$3k, then can claim. like say $2.5k, can claim $500 only.

if wan claim full then must buy integrated plan from private insurance company, some more must top up cash.

err.... actually if hospital bill is $2500 (1st time for that year, B2 ward, age <80), and *accordingly* to the Medishieldlife calculation of the bill it ended up with only $2200, then medishieldlife will only payout $180 (90% of amt above $2000, ie 90%x(2200-2000) ***10% co-insurance for $0-5k above $2k deductible*** ), you got to pay the balance $2320 by cash, or Medisave, or combination of both.

The payout may seems bad. But it is meant to cover bigger bills. Eg: now the hospital bill is $25,000, according to calculation is $22,000, then the payout is $19,400 ( 97%x(22,000-2000) ***above $10k, co-insurance is only 3%***). The difference of $5,600 will be born by the patient via cash or medisave. Notice that the bill had ballooned 10x, but the payment by patient has not.

My point is, there is a difference between what the hospital charged and claimable amt calculation (which is likely to be lower). If you need to cover the actual hospital bill, there are those *as charged* scheme fr private - meaning you got to pay more.